Click here to close now.

Welcome!

News Feed Item

Materia and QAPCO Sign MoU to Study the Development of the Next Generation of Materials

PASADENA, CA and DOHA, QATAR -- (Marketwired) -- 05/27/14 -- As Qatar continues to grow its energy and industrial sectors, and attempts to further optimize its hydrocarbon resources utilization, research and innovation are set to propel the future success of these sectors. Research will support the development of new products using Qatar's existing feedstock and natural resources and opens the door to new uses for energy products and derivatives such as petrochemicals.

To further this goal, Materia, Inc. (Materia) and Qatar Petrochemical Company (QAPCO) have forged a partnership, through a Memorandum of Understanding (MoU), to further reinforce their collaborative R&D efforts, and to study the development of the next generation of materials produced from Qatar's existing feedstocks. Materia's expertise and breakthrough catalyst technology combined with QAPCO resources will provide for the development of new products. Materia specializes in efficient feedstock utilization and the extraction of specific petrochemical and chemical compounds thanks to its unique and innovative technology. Together, they will explore the possibilities to further optimize the use of Qatar's natural resources, by studying how to extract new products from QAPCO's current feedstock, with the aim to maximize the value related to QAPCO's existing processes.

Sustainability oriented research is part of QAPCO's commitment to improve both the impact of its processes, by focusing on the optimum use of feedstock, and of its products, by generating new applications. Through collaboration with local and international partnerships, QAPCO's R&D team is digging deep into the potential applications for its petrochemical products now and into the future.

Dr. Mohammed Yousef Al Mulla, Vice Chairman and CEO of QAPCO stated: "Joint industry-academia R&D, such as our collaboration with Materia and Texas A&M at Qatar, is very promising and paves the way to infinite possibilities while supporting the growth of Qatar's knowledge-based economy. Collaborating with some of the world's leading experts on research projects focusing on olefins, polymers and petrochemicals has the potential to add further value to our feedstock, which could be strongly beneficial for QAPCO and ultimately for the hydrocarbon resources of the State."

Dr. Michael A. Giardello, Materia's President, CEO & CTO stated: "This envisioned collaboration should enable QAPCO to extract greater value from some of its by-product streams, therefore unlocking greater value from Qatar's natural resources thanks to Materia's unique and advanced technologies."

QAPCO uses focused partnerships with Qatar's most prominent universities such as Texas A&M University at Qatar, as the launching point for its research activities. Most recently, QAPCO supported the establishment of an endowed chair position at Texas A&M at Qatar for Polymer Science and Polymer Engineering with Nobel Prize winning chemist Professor Robert H. Grubbs, Victor and Elizabeth Atkins Professor of Chemistry at the California Institute of Technology, as adjunct professor and inaugural chair. "It is exciting to be part of a collaboration involving Materia, QAPCO, and Texas A&M at Qatar to develop the next generation of materials and products from Qatar-based feedstocks. This program will allow fundamental discoveries to be rapidly converted into new commercial products," stated Professor Grubbs.

About Materia
Materia was founded in 1998 to commercialize the Grubbs Catalyst™ technology, which enables chemical compounds to be synthesized with greater efficiency, under less stringent reaction conditions, and with reduced byproducts and hazardous waste. Metathesis has been accepted as an emerging chemical technology platform and has been broadly adopted by the pharmaceutical, chemical, and polymer industries. As stated by the Royal Swedish Academy of Sciences when awarding the 2005 Nobel Prize in Chemistry, "metathesis is an example of how important basic science has been applied for the benefit of man, society, and the environment." For more information, visit: www.materia-inc.com

About QAPCO
QAPCO was established in 1974 and is a joint venture between Industries Qatar (80%) and Total Petrochemicals (20%). QAPCO is one of the largest producers of low density polyethylene (LDPE) in the region. LDPE is considered as the most widely used type of plastic, providing innovative and practical applications such as food packaging, cables, agricultural films or toys and playing a key role in the development of green building solutions. LDPE enriches the daily lives of millions of people around the planet. QAPCO is involved in a number of joint ventures that include QATOFIN, QVC, and QPPC, thereby producing various petrochemical products, making QAPCO a regional petrochemical powerhouse. For more information, visit: http://www.qapco.com.qa

For further information please contact:
Tom Buel
Director of Communications
Materia, Inc.
(626) 584-8400

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
SYS-CON Events announced today that Alert Logic, the leading provider of Security-as-a-Service solutions for the cloud, has been named “Bronze Sponsor” of SYS-CON's 17th International Cloud Expo® and DevOps Summit 2015 Silicon Valley, which will take place November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Alert Logic provides Security-as-a-Service for on-premises, cloud, and hybrid IT infrastructures, delivering deep security insight and continuous protection for cust...
The 4th International Internet of @ThingsExpo, co-located with the 17th International Cloud Expo - to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA - announces that its Call for Papers is open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than
Agile, which started in the development organization, has gradually expanded into other areas downstream - namely IT and Operations. Teams – then teams of teams – have streamlined processes, improved feedback loops and driven a much faster pace into IT departments which have had profound effects on the entire organization. In his session at DevOps Summit, Anders Wallgren, Chief Technology Officer of Electric Cloud, will discuss how DevOps and Continuous Delivery have emerged to help connect dev...
The 17th International Cloud Expo has announced that its Call for Papers is open. 17th International Cloud Expo, to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, APM, APIs, Microservices, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding bu...
SYS-CON Events announced today that Harbinger Systems will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Harbinger Systems is a global company providing software technology services. Since 1990, Harbinger has developed a strong customer base worldwide. Its customers include software product companies ranging from hi-tech start-ups in Silicon Valley to leading product companies in the US a...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at @ThingsExpo, James Kirkland, Red Hat's Chief Arch...
The 5th International DevOps Summit, co-located with 17th International Cloud Expo – being held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the ...
SYS-CON Events announced today that Secure Infrastructure & Services will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Secure Infrastructure & Services (SIAS) is a managed services provider of cloud computing solutions for the IBM Power Systems market. The company helps mid-market firms built on IBM hardware platforms to deploy new levels of reliable and cost-effective computing and hig...
DevOps Summit, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development...
To many people, IoT is a buzzword whose value is not understood. Many people think IoT is all about wearables and home automation. In his session at @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, discussed some incredible game-changing use cases and how they are transforming industries like agriculture, manufacturing, health care, and smart cities. He will discuss cool technologies like smart dust, robotics, smart labels, and much more. Prepare...
SYS-CON Events announced today that ProfitBricks, the provider of painless cloud infrastructure, will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. ProfitBricks is the IaaS provider that offers a painless cloud experience for all IT users, with no learning curve. ProfitBricks boasts flexible cloud servers and networking, an integrated Data Center Designer tool for visual control over the...
The cloud has transformed how we think about software quality. Instead of preventing failures, we must focus on automatic recovery from failure. In other words, resilience trumps traditional quality measures. Continuous delivery models further squeeze traditional notions of quality. Remember the venerable project management Iron Triangle? Among time, scope, and cost, you can only fix two or quality will suffer. Only in today's DevOps world, continuous testing, integration, and deployment upend...
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. MangoApps provides private all-in-one social intranets allowing workers to securely collaborate from anywhere in the world and from any device. Social, mobile, and easy to use. MangoApps has been named a "Market Leader" by Ovum Research and a "Cool Vendor" by Gartner. 20,000+ business custome...
SYS-CON Events announced today that JFrog, maker of Artifactory, the popular Binary Repository Manager, will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Based in California, Israel and France, founded by longtime field-experts, JFrog, creator of Artifactory and Bintray, has provided the market with the first Binary Repository solution and a software distribution social platform.
DevOps tends to focus on the relationship between Dev and Ops, putting an emphasis on the ops and application infrastructure. But that’s changing with microservices architectures. In her session at DevOps Summit, Lori MacVittie, Evangelist for F5 Networks, will focus on how microservices are changing the underlying architectures needed to scale, secure and deliver applications based on highly distributed (micro) services and why that means an expansion into “the network” for DevOps.